GE Eyes EMEA PR Support For Energy Assignment

BRUSSELS — General Electric is seeking public relations support for its fast-growing oil and gas unit.

The Holmes Report understands that a number of firms are contending for the assignment, which includes a London hub, supported by Brussels, France and Italy.

The review comes after GE Energy split into its constituent businesses at the start of this year. Of these, the $15bn oil and gas unit is considered critical to expansion and is the company’s fastest-growing business.

According to Reuters, GE has spent $14bn since 2007 acquiring oil and gas assets, making it a major player in shale gas extraction and deepwater production.